IT : Where in respect of credit entries, assessee established identity of creditors by bringing on record their PAN and complete addresses and, moreover, transaction was made through proper banking channel, impugned addition made under section 68 was not sustainable

IT : Where in respect of credit entries, assessee established identity of creditors by bringing on record their PAN and complete addresses and, moreover, transaction was made through proper banking channel, impugned addition made under section 68 was not sustainable

[2015] 54 taxmann.com 75 (Allahabad)

HIGH COURT OF ALLAHABAD

Commissioner of Income-tax, Central, Kanpur

v.

Anurag Agarwal